Navya Agarwal on 01 April 2022
Internal Revenue Service tax code defines passive investment company as partnerships, investments, mutual funds which are done in foreign by pooling funds with ..
Mehreen on 29 March 2022
Tax risk refers to loss of income in the form of elevated tax costs, interest, and fines; unsatisfactory commercial outcomes due to missed opportunities to stru..
Yasmin Gogi on 28 March 2022
The criminal practise of making black money look legitimate rather than ill-gotten is termed as money laundering. To make unlawfully obtained monies look legiti..
Raman Ohri on 18 March 2022
In January 2022, the United Arab Emirates (UAE) announced it was introducing a corporate income tax (CIT) for financial years commencing on or after 1 June 2023..
Mehreen on 16 March 2022
Presently, in the corporate world, there are many companies which are indulged in practice of BEPS (Base erosion, Profit shifting). This is a practice of erodin..
Alina on 15 March 2022
Cross-border mergers and acquisitions (MAs) have expanded dramatically in recent years, hastening the globalization of industry and changing the worldwide indus..
Tanvi on 14 March 2022
UAEsFederal Tax Authority (FTA) has issued a user guide on Voluntary Disclosure (VD) for VAT and Excise Tax.This replaces the earlier version issued by FTA in J..
Navya Agarwal on 10 March 2022
We all are aware how government of each country lose billions of tax revenue as most of the individuals and corporates illegally transfer its profit to tax have..
Ketan Mangla on 08 March 2022
UK is one the most developed nation having various taxes imposed on its citizens. Similarly, India being a developing nation has complicated tax structure and s..
Steven Ireland on 04 March 2022
The UAE is set to introduce a federal corporate tax on business profits at a rate of 9%, effective for financial years starting on or after 1 June 2023.
Desp..